[tyrrvk]

no/low taxes has been done since the 80's and all we have for it is massive wealth disparity in this country. It's a failed policy that punishes the majority so a few can be obscenely wealthy. The wealthy economic zones also require we be OK with little to no environmental regulation, Hong Kong was known for having medical waste simply be dumped into the ocean. It wasn't unheard of to find used syringes and such wash up on the beaches..

[systemvoltage]

I'd argue that wealth disparity is good if we can lift the entire stratum upwards. We have been doing exactly that since the industrial age. Life of the poorest has gotten better.

Worth visiting this debate at Yale: https://www.youtube.com/watch?v=3RITVJy7ogI

Inequality is overplayed and oversold to people who conflate crony capitalism to capitalism. The kinds of Thomas Piketty has done a tremendous amount of disservice to the west which hailed capitalism for over 2 centuries, unfortunately, USA + EU are regressing into socialism.

[tyrrvk]

Yeah, I'm not going to base the idea that "inequality is OK" by someone from the federalist society. That's like asking an arsonist if fire is good. I'd argue that the lower class has lost upward mobility in this country in the last 40-60 years. Sure, cheap crap can be purchased from walmart - but that's just subsidized crap. China has been lifting their lower classes up - yes, but at our expense.